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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Interest rates to be cut next week - senior economists’ forecast

The Bank of England will trim base rate to 5% next week, according to a majority of economists in a poll by news agency Reuters.  It has...

Awaab’s Law extended to private renting welcomed by tech experts

The Building Engineering Services Association has welcomed the new government’s commitment to reinforce the rules that require landlords and their agents to improve living conditions for...

Controversial ex-Housing Secretary to run for Conservative leader

Robert Jenrick, who was appointed Housing Secretary by Robert Jenrick in 2019, is to run for Tory party leader. During his time as Housing Secretary he was...

Time to modernise deposit system, says family-owned agency

A lettings agent says ‘times are changing with deposits” and claims more landlords and tenants are choosing alternatives.  The comment by Paul Buck - lettings director at...

Lettings chain to raise £5,000 for children’s heart fund

A lettings and sales agency chain with 14 branches across the north east of England has committed to raising £5,000 in the next year for a...

Section 21: Only small proportion of renters evicted, official data shows

The latest edition of the English Housing Survey reveals precisely how relatively rarely Section 21 is used. Data from the survey analysed by Propertymark shows that in...

Pub group boss set to be head of 85-brand agency group

Connells’ new chief executive is to be Helen Charlesworth, who for the past eight years has been managing director at Stonegate Group, the UK’s largest pub...

Agency boss claims tenants miss holidays because of high rents

The boss of a rental flatshare agency claims tenants are sacrificing summer holidays because of high rents. Matt Hutchinson, director of the SpareRoom online flatshare platform, claims...

Tenants consider co-buying with friends or family members, says bank

Some 51% of young first-time buyers are willing to consider so-called ‘non-traditional routes’ to move out of renting and onto the property ladder – like purchasing...

Lettings deals arranged during real-life coaching session

Actual lettings and sales clients were contacted during a training event led by a renowned property industry coach. Fine & Country hosted an event featuring Josh Phegan,...

Zoopla demands mandatory training for all lettings agents

Zoopla lettings chiefs have told the government it should tighten up its imminent Renters Rights Bill by demanding all lettings agents be formally trained. The portal’s lettings...

Revolution! Agents could represent buyers AND sellers

A prominent industry trainer is working with a fledgling sales agency to launch what it calls a “buyer representation programme” - and says it’s cashing in...

Short Lets - controversial council consults on Airbnb restrictions

A controversial council has launched a 12 week consultation on its policies restricting Airbnb-style short lets. Edinburgh council insists that new Airbnb and other short let landlords...

Half of tenants living with damp or mould - charity’s claim

Citizens Advice claims that 45% of private renters in England are currently experiencing damp, mould or excessive cold in their home, and half of them have...

Latest house-building figures just 50% of what Labour wants

Figures from the National House Building Council show that housebuilding is currently running at only half the rate the new Labour government needs to meet its...

New agency charges ultra-low all-in lettings and management fee

A new agency - which describes itself as a “disruptor company” - says it will charge an all-in lettings and management fee of 6%. The agency is...

Rightmove says big rise in rental supply still nothing like enough

Rightmove says the number of available rental properties is currently 14% higher than this time last year, while tenant demand is down 16%. However, despite these improvements,...

Double digit annual rent rises still happening in some areas

The low supply of rental homes continues to put upward pressure on rents, reports Hamptons.   The average tenant paid £1,347 pcm to rent a new home in...

Connells’ new index shows affordability crisis gripping renters

A new lettings market index has been launched by the Skipton Group, parent company of Connells, the country’s largest lettings and sales agency.  The Skipton Group Home...

Latest Build To Rent scheme is 20-storey block of flats

Planning permission has been given to the biggest-ever Build To Rent scheme in Milton Keynes. A company under the name PLATFORM_ has consent to construct 355 BTR...

Portal Fees Row: agents end boycott after agreeing new deal

A boycott of a major property portal has been called off after a settlement has been reached over fees. PropertyPal is the largest website in Northern Ireland...

Agency veteran turned MP will run for Conservative leader - report

The veteran founder of Hunters, Kevin Hollinrake, is reported to be in the race to be Conservative Party leader.  He is MP for Thirsk and Maldon and...

Buy To Let investors plummet while the rest focus on high yield areas

New figures from lettings agency Hamptons suggest that investors purchasing buy to let properties are increasingly looking to the north of England where yields are highest. Hamptons...

Get Stuck In! - Agents told to campaign to change Labour’s Renters Rights Bill

Agents are being urged to campaign to change Labour’s Renters Rights Bill to stop it damaging the lettings industry. Neil Cobbold, commercial director of Reapit | PayProp,...

Social media marketing tool added to PropTech platform

PropTech provider Spectre has added a social media marketing tool to its platform. This is the result of a partnership with Auto.social which - according to Spectre...

Bidding Wars not the problem - they’re just a symptom

A prominent lettings agent says banning agents and landlords conducting bidding wars for a rental property is not addressing the real problem - a shortage of...

Zoopla data to fuel Channel 4 property series

Zoopla is now describing itself as ’the official data partner’ of the Channel 4 programme ‘Worst House on the Street’.  Its data on house and rental prices...

Sustainable green lettings office launched after revamp

An agency has upgraded a lettings office after what it describes as a makeover by ‘green office and retail design consultants’. The agency is Leaders and it...

New senior lettings figures at high-end London business

London high end agency Eccord has bolstered its property management team with two experienced new hires. Steve Wilson joins as Senior Property Manager with over a decade...

40 Not Out! Valerie celebrates four decades in lettings

Letting industry doyen Valerie Bannister has celebrated 40 years in the industry with a party thrown by her employer, Your Move.  Valerie started out in the industry...

Will new unfair dismissal rules hit lettings agencies?

While much of the property industry’s response to the King’s Speech focussed on government plans for rental sector and planning reform, it may well be another...

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has said - but there must...

No details of Renters Rights Bill until October - expert

David Cox, the former chief executive of ARLA Propertymark and now a senior executive at Rightmove, says it’s unlikely we’ll see the details of the new...

Landlords are getting younger, new data shows

The average age of landlords acquiring new rental property with a buy to let mortgage has fallen over the past decade, driven by strong growth in...

Foxtons reveals mixed-bag lettings market in London

Foxtons says London’s lettings market is now at its summer peak. New internal data from the company claims demand rose by 15% month on month, although annual...

Renters Rights Bill promised by government in blizzard of new laws

A new Renters' Rights Bill is to be introduced into Parliament, it's been confirmed today. The announcement was made in the King's Speech: it was only a...

Concern over Rental White Paper after latest political resignation

The resignation of Labour’s First Minister of Wales has raised alarm with Propertymark. Vaughan Gething quit yesterday after the Welsh Housing Secretary and several other Cabinet ministers...

Alarm Bells for Build To Rent as building starts show huge slump

New analysis from the British Property Federation (BPF) shows a dramatic slump in the number of Build To Rent units started. Although delivery of completed units has...

Cost Of Rent Day launched by free-market think tank

The right wing think tank the Adam Smith Institute has launched something called the Cost Of Rent Day. The institute has calculated that private tenants are working...

Tenants get agents’ advice on how to “jump the rental queue”

A lettings agency is offering tenants guidance on what it calls “how to jump the rental queue.” Benham and Reeves outlines a nine-point strategy for would-be tenants....

Housing Secretary move directly led to senior Labour resignation

The Housing Secretary in the Welsh Government, Julie James, was one of several ministers to quit in yesterday's dramatic day of change in Cardiff. The political crisis...

Fears grow for rent controls as Labour reviews rental sector

A lettings agency chief says there’s growing discussion about rent controls in his area - and he fears this may be a growing national trend under...

Trade union demands wholesale rental reform in new report

The trade union UNISON has partnered with activist group Generation Rent to demand root-and-branch reform of the private rental sector. Four key areas it wants action on...

Rents fall in some areas but Connells enjoys lettings growth

Lettings agency giant Connells says the private rental sector performed strongly in the second quarter of 2024 despite worries over future legislation from the new government. The...

Prime London lettings markets boosted by summer surge

Property consultancy JLL says there’s been a noticeable rise in prime Central London lettings activity.  Average rents rose 0.9% from Q1 to Q2 2024, bringing annual growth...

Over 100 Build To Rent units coming from Barratt Homes

A 101-home Built To Rent estate is being created by Barratt Homes in Cambridge, as part of a deal with BTR provider Packaged Living. The homes will...

Rents rising in most areas as high interest rates hit long-term supply

Asking rents continue to show posi­tive, albeit lower, growth in most regions according to the property website Home. The site conducts a monthly lettings market snapshot and...

Agents tell Rayner: we want agency regulation, mandatory qualifications

ARLA Propertymark and a number of other property industry bodies wants Housing Secretary Angela Rayner to regulate letting and sales agents. An open letter has been sent...

Agents can unlock profits at this webinar claims Reapit

Industry technology provider Reapit is holding a webinar tomorrow giving agents “an opportunity for savvy agents to unlock profits through tried and tested methods.” It’s being held...

House building sector to bounce back soon - forecast

Glenigan, regarded as one of the construction industry’s most respected insight and intelligence consultancies, says the sector will enjoy a long-term renaissance.  Looking at the 2024 to...

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